Of Special Interest
Filters
- Newslink Trends-The Global Strategic Perspective
- Juniper Research says digital wallet users to exceed 4.4 billion by 2025, as mobile drives digital payments’ revolution
- Criminals exploit COVID-19 pandemic with rise in scams targeting victims online
- Equifax says Open Banking proving pivotal to pandemic lending
- Consumer confidence in banks, credit card providers and investments remain stable as demand supercharges digital finance says Toluna research
- Mintos says Europeans are starting to embrace investing
- US banks see IT modernisation as a way to improve customer experience
- Risk mitigation in global trade depends on digitisation-Andrew Raymond, CEO, Bolero International comments
- Juniper Research new study says the volume of B2B payments facilitated by non-banks will exceed 53 billion in 2022, from a COVID-related low of 38 billion in 2020
- CMA issues fifth publication over 3 years of the service quality league table of personal and business current account providers
- Barclays says scammers take advantage of COVID-19, cashing in on nations’ uncertainty
- S&P Global report says financial market infrastructure sector's earnings likely to cool off In second half
- Global banking market capitalisation slumps by over 30% amid pandemic says Buyshares research
- Digital wallet spend in Europe & North America to increase by 40% in 2019, finds study
- Juniper forecasts mobile money transactions will exceed 200 billion by 2024
- Banks can save the world from climate change, says former UN climate chief
- Research by NatWest reveals gender divide over attitudes to saving
- Europe’s big bank problem: too much capital is trapped in the US, says Scope
- Later-Life lending market set to almost double in the next 10 years, finds report
- Barclays/Cebr report challenges nation to think differently about wealth
- Fifth of UK investors looking to debt investment, new research reveals
- Regtech will play a more important role in PSD2, says Mitek
- Banks turn to Fintech partnerships to improve customer experience, finds Fraedom
- New industry code to tackle fraud must deliver, says Which?
- New TTF report highlights loss of trust in financial services
- Arxan highlights financial app vulnerability epidemic
- SAS asks whether banks really need to choose between operations and innovation
- Which? raises alarm as almost 1,700 free ATMs become fee-charging
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
2nd August 2011
IBM & Security First in Cloud Security venture
IBM and Security First Corporation announced they are to jointly develop a new form of encryption designed for Cloud applications.
The overall objective is to jointly deliver increased performance, security, and high data availability to storage and cloud-based computing customers. Under the agreement, IBM and Security First will combine Security First's patented cryptographic data-splitting technology with the highly parallelized hardware acceleration capabilities of IBM's wire speed processor technology. Specifically, Security First’s SPxCore™, SPxBitFiler™, and SPxConnectTM products will be integrated directly onto IBM’s wire speed system on a chip.
The system splits data into two separate streams which are sent to two separate storage locations. When needed it is able to combine the information at the users location. The system also establishing the delivery links using a security certificate to ensure the datastream is not redirected to any improper location. Each data stream is transmitted through multiple secure simultaneous connections to further ensure the overall security.
"The combination of IBM's wire speed processor technology and Security First's cryptographic technology can deliver unparalleled cryptographic performance, throughput, and scalability for advanced security and storage applications at full network fabric line rates," said IBM Fellow, Bijan Davari, vice-president, Next Generation Computing Systems and Technology.
"This joint development project will unleash the full potential of being able to cost effectively support the explosion of data storage and remove barriers to cloud use," said Mark O'Hare, CEO of Security First. "Through our combined technologies, Security First and IBM will deliver scalable data security and high availability directly to public and private sector customers that require the highest levels of secure data transmission and storage in the cloud."
The solution is expected to be offered to the market in the first half of 2012.